Retirement

Scheme pensions 'left islolated' under freedom and choice

Action Fraud, the UK's national fraud reporting centre, has said it will change the wording of future communications to the public after concerns about a newsletter incorrectly stating people can get financial "advice" from the Citizens Advice Bureaux...

Invesco Perpetual's £600m Income & Growth fund is to move out of the Investment Association's UK Equity Income sector after failing to meet the trade body's yield requirements.

Just Retirement has reported annuity sales almost in line with its pre-Budget numbers, thanks in part to strong defined benefit (DB) sales in the second half of last year.

The proportion of complaints against advisory groups found in favour of the consumer is significantly below the average for the sector, the Financial Ombudsman Service's (FOS's) latest data shows.

The April pension freedoms mean greater flexibility in accessing pension funds, but ensuring people are clearly picturing where their money can and will go is important to its success, says Mark Loosmore

Nutmeg has launched a personal pension charging between 0.3% and 1% depending on contribution, and free of set-up or exit fees.

All this week's key events, hires and fires (plus a quick joke)

...clients will call you about this week

More than three quarters of people nearing retirement do not yet know which route they will take to fund later life, according to research.